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Where does Italy get its steel? Import sources 2024

In 2024, Italy imported $16.5 billion of steel (17.2 million tonnes), 4.7% of the world total. Its main sources were Germany (13%), France (11%) and India (9%). Italy was the world’s 3rd-largest importer of steel.

Summary

Value
$16.5billion
Tonnes
17.2million tonnes
Share of world total
4.7%
World rank
3rd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Germany2.1Tonnes: 1,926,380USD per tonne: $1,07312.5%Sea
France1.8Tonnes: 1,416,820USD per tonne: $1,25610.8%Land
India1.5Tonnes: 1,852,435USD per tonne: $7868.8%Sea
China1.3Tonnes: 1,429,622USD per tonne: $9388.1%Sea
Spain0.92Tonnes: 885,341USD per tonne: $1,0415.6%Sea
South Korea0.87Tonnes: 1,008,383USD per tonne: $8615.3%Sea
Austria0.76Tonnes: 684,024USD per tonne: $1,1144.6%Land
Vietnam0.74Tonnes: 1,136,604USD per tonne: $6514.5%Sea
Turkey0.72Tonnes: 1,132,147USD per tonne: $6404.4%Sea
Belgium re-exports0.65Tonnes: 555,149USD per tonne: $1,1633.9%Sea
Taiwan0.57Tonnes: 482,431USD per tonne: $1,1733.4%Sea
Sweden0.47Tonnes: 232,890USD per tonne: $2,0232.9%Sea
Netherlands re-exports0.44Tonnes: 332,852USD per tonne: $1,3252.7%Sea
Japan0.39Tonnes: 479,594USD per tonne: $8152.4%Sea
Russia0.39Tonnes: 707,809USD per tonne: $5492.4%Sea
Finland0.39Tonnes: 214,859USD per tonne: $1,7992.3%Sea
Indonesia0.25Tonnes: 216,294USD per tonne: $1,1391.5%Sea
Czechia0.24Tonnes: 262,855USD per tonne: $9061.4%Sea
Switzerland0.21Tonnes: 191,658USD per tonne: $1,0941.3%Land
Ukraine0.17Tonnes: 293,746USD per tonne: $5731%Sea

Trend

Who it buys from

Germany has been its main source since 2023

Value in USD billions. The five largest sources in 2024.

  • Germany 2.1
  • France 1.8
  • India 1.5
  • China 1.3
  • Spain 0.92

Source: CEPII BACI

Show the numbers
Partner19952024
Germany1.22.1
France1.51.8
India0.031.5
China0.11.3
Spain0.390.92

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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